Dear Indonesian Millennials, You Too Can Invest!

It’s a problem many millennials in Indonesia are facing. Most millennials are of working age and many are earning quite a sizeable salary thanks to their broad worldview, overseas education and tech savviness. But they are also living in a time when bank savings accounts and time deposits have very low interest rate, stock market is highly volatile and property prices are through the roof resulting in them not being able to afford their first house let alone buy one to invest.

It might be true that a big number of millennials in Indonesia are not really aware of the importance of having an investment for their future (or simply do not care, because that’s not the way of life they would like to lead). But there are those who do understand that they need to invest and that they need to start investing early on rather than wait until they have to face their old age without a retirement plan in hand. Unfortunately, many are making bad investment choices.

Low Returns, A Volatile Market and High Property Prices

Indonesians still tend to think that their bank savings account can make them richer. Those who realize otherwise usually turn their savings into a time deposit, earning a paltry 4% up to 6.5% a year, which translates into 0% up to maybe 1-2% after tax and if they factor in inflation rate.

So maybe some look for other instruments, traditionally stocks and properties. They are soon faced with the fact that the stock market can be very volatile and the high return that this investment promises also comes with high risks. They sell for a price below their expectation or, in a worst case scenario, they lose their money. With rising property prices, they also can’t afford to buy a house to live in let alone to let.

Furthermore, being a millennial with a wanderlust and a nomad lifestyle, they find that they don’t have the time to watch the stock price movement or looking around for properties that are sold below market price. So, as a millennial, what do you do?

MEKAR Offers an Easy and Profitable Way to Invest

The good news is, the FinTech revolution has brought about a new, unprecedented investment opportunity that suits the needs of millennials. Peer-to-peer lending is gaining massive popularity among Indonesian millennials who are looking for an easy, safe and profitable way to invest.

Indeed, becoming an investor in a peer-to-peer lending platform is easy. In MEKAR, a leading online lending platform in Indonesia, all you have to do is register for free on the website. Fill out the registration form and after your data is verified, you can start investing right away.

Peer-to-peer lending investments in MEKAR also offers millennials a unique way to earn money without having to spend too much of their time and energy monitoring prices or searching high and low for affordable investment opportunities. If you are among the millennials who can’t afford to spend a huge number of money on investments, do not fret. In MEKAR, investments can start from as little as Rp 1 million. This means that even if you are only earning a net salary of Rp 5 million, using the 50-20-30 rule of thumb, you too can afford to invest in MEKAR.

MEKAR offers investors quite a sizeable return at up to 16% per year, much higher than the interest rate offered by a bank savings account or even a time deposit. The icing on the cake is: in MEKAR, your investment comes with a 100% guarantee on your principal. So if ever there is a borrower who goes into default on a loan you’ve invested on, you will still get your money back. This is definitely a good deal for a millennial like you who does not want to be stressed out by the prospect of losing your money.